New Water Capital buys Trillium Health Care Products
U.S. private equity firm New Water Capital has acquired Trillium Health Care Products Inc, a Brockville, Ontario-based contract maker of prescription and over-the-counter products for pharmaceutical companies. No financial terms were disclosed. The deal will see Trillium's executive team continue to manage the company. Going forward, Jay Webb, previously Trillium's general manager, will serve as president. New Water Partner Jason Neimark said his firm will help identify opportunities to expand Trillium's capacity and support its customers. Trillium was formerly backed by Canadian private equity firm Richardson Capital. Richardson acquired a majority stake in the business in 2005.
22 August 2018•2 mins read
